Speaker pelosi and secretary mnuchin set to talk this morning after House Democrats roll out a new scaled down pandemic aid bill and calling it a propagator of disinformation, why the Biden Campaign is blasting facebook ahead of tonights president ial debate jim, david, good to see you guys, welcome back im taken aback, jim, by your tweet a moment ago about stimulus and sort of a fatalist i can view of what the restaurant sector is facing in this country. I will be candid, we ran out of ppp about three months ago, some of us have just decided to pay lots of employees to do nothing and its been its done they had a chance. I think they made a decision that you would have to keep these people on until we had a vaccine, so Neither Party agreed to anything and its too late. Theres nobody to give ppp to for the most part in restaurants except look, the winners were darden in the Small Business side, we know that they were viewed as nonessential, they never snapped back unless they had someth
Where he was staying. Massive forest fires in the Arctic Circle. We have a special report on the blazes moving across siberia. We start with coronavirus and figures from the World Health Organization showing that new weekly coronavirus cases in europe now exceed those reported when the pandemic first peaked in march. The un body has also warned of alarming rates of transmission across the region. It came as the uk government announced almost 3 00 new infections on thursday. To help prevent the spread of the virus, almost two Million People living in the north east of england will be subjected to tougher restrictions from friday. Spain recorded almost 5,000 new infections in 2a hours, up from just over 3,000 the previous day. Almost 2000 were in the madrid region, which is planning targeted lockdowns. And in france 10,593 cases were recorded on thursday the highest single day count since the pandemic began. Well have a report from our correspondent in marseille, a new french virus hotsp
Virgin australia tracks interest from indias largest by just budget carrier. Shery lets get you started with a quick check of how the markets are trading. We are seeing u. S. Futures under pressure, this after the regular session ended mixed. Markets pretty optimistic about reopening some parts of the u. S. Economy, but also a bit more cautious given that we have seen flareups around the world. The s p 500 finished unchanged. Health care led the gains, but financials weighed on the index. The nasdaq composite getting for the sixth consecutive session, outperforming again. The longest winning streak this year. Take a look at what oil is doing. Wti gaining ground, above 24 a barrel. This after it fell and erased earlier gains in the new york session. Tohave saudi arabias plan output, providing a boost but that was not sustained. We have opec given its Monthly Oil Market report on wednesday. Haidi in the u. S. , President Trump has responded to reports china is considering scrapping the p
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt live at post 9 of the New York Stock Exchange we begin with text stocks this morning and the continued rally in the sector, another record close, apple, facebook, and alphabet at alltime highs Jeff Richards joins us now along with james lee guys, good morning good morning. Good morning. Thanks for having us so james, im looking at tech stocks up more than 30 in just the last three months. A short list apple, tesla, amd, snap, spotify, zillow. You like facebook and byedo in this market, but how much can you like some of these names given how quickly they have run up yeah. Jon, that very good question we think valuation right now is still very attractive. Look at facebook coming to the year, a lot of investors are very concerned about regulations. I think as we get into the year, a lot of people getting more comfortable because some of the regulatory issues or policy that happened over th
Yeah, weve got new models coming in and narrow down the timing of the rain this if youre stepping out the door right now, we do have a few scattered showers out there. Temperatures in the 30s and 40s. Near freezing marks in some locations, wouldnt be surprised places. All due to low pressure push to go the east, pushing a cold front to the region. Look down across the southeast, the reason im showing the rain down here, this is all going to lift north ward and give us another round of heavy rain as we head into the afternoon hours. So through the region, expecting temperatures to climb into the low 50s. Ill show out the hour by hour forecast and when to expect the rain to arrive and when it will end. Over to you. Heather hegedus breaking this morning, a stand off is over in norton. The man accused of starting it by firing at police is dead now. Blair miller live in norton this morning, Stephanie Coueignoux, police are piecing it all together. Reporter blair in is still an active invest